We assign a technical rating of 0 out of 10 to ACTU. ACTU's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 90% of all other stocks performed better in the past year than ACTU.
- ACTU is one of the lesser performing stocks in the Biotechnology industry. 68% of 528 stocks in the same industry do better.
- ACTU is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month ACTU has a been trading in the 5.08 - 7.25 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
The technical rating of ACTU is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
5.63
We can see 3 important resistance areas.
- A resistance zone ranging from 6.15 to 6.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @6.80 from a trend line in the daily time frame.
- Resistance @7.19 from a trend line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for ACTU is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ACTU is down. |
| ChartMill Relative Strength | 10.61 | NEGATIVE | ACTU has a low relative strength, it was outperformed by 89.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ACTU is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ACTU is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ACTU is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.76 | NEUTRAL | The RSI value for ACTU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests ACTU has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 17.94 | OVERSOLD | The low Stochastics value suggests ACTU may be oversold. |
| Average True Range in percent/ATR (20) | 8.67 | HIGH VOLATILITY | The high ATR as a percentage value for ACTU suggests high volalility. |
| Average Directional Index/ADX (14) | 25.21 | POSITIVE | The high ADX value value for ACTU suggests a strong trend. |
5.69
+0.37 (+6.95%)
ACTUATE THERAPEUTICS INC / ACTU FAQ
What is the technical rating for ACTU stock?
ChartMill assigns a technical rating of 0 / 10 to ACTU.
What is the current trend direction of ACTUATE THERAPEUTICS INC (ACTU) stock?
The current trend direction for ACTUATE THERAPEUTICS INC (ACTU) is Bearish.
What is the RSI signal for ACTU stock?
ACTUATE THERAPEUTICS INC (ACTU) has an RSI value of 40.7598. This indicates that the stock is currently neutral.
What is the MACD signal for ACTU stock?
The MACD indicator for ACTUATE THERAPEUTICS INC (ACTU) has a value of -0.0829074, indicating a bearish trend.
What is the short term momentum for ACTUATE THERAPEUTICS INC (ACTU) stock?
The short term momentum for ACTUATE THERAPEUTICS INC (ACTU) is negative.